INC to increase production in March 2018

Paraguay: Industria Nacional del Cemento (INC) expects to begin March 2018 with a 30% production rise, following the opening of a new mill, according to its president Jorge Mendez. Production will increase to 1.4 million bags per month, from 1.1 million bags per month at present. Its market share will increase to 70%-75%, from 51% at present. This is anticipated to add an extra US$50m to the company’s turnover. The new mill is currently 90% complete and has cost the company US$11.5m.